German car maker BMW has announced it is to pull out of Formula One at the end of the present season after a "landmark" decision to restructure the group's motorsport actions was made by the company's board in a meeting on Tuesday.
A statement on the BMW Sauber F1 Team's official Web site stated that the Formula One campaign is [no longer] a key supporter for us and that current development in motor sport had resulted in the conclusion.
useful links: transport rankings
A statement on the BMW Sauber F1 Team's official Web site stated that the Formula One campaign is [no longer] a key supporter for us and that current development in motor sport had resulted in the conclusion.
useful links: transport rankings
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